Need ED's satisfaction over dues payments made by Sterling promoters: NCLAT
The tribunal also said the promoters will have to settle their case with the creditors within a specified period.
Rupee rises for 7th day, gains 22 paise to 70.92
Most Asian currencies gained following signs of rapprochement between US and China over thei...
London Stock Exchange rejects Hong Kong's $39 billion takeover offer
LSE's blunt rejection letter said the Hong Kong Exchange's offer did not...
Sterling Biotech: Ahmed Patel's son to be quizzed by ED
On Wednesday, the ED had summoned Congress Treasurer Ahmed Patel's son Faisal in its probe in the case.
Sterling Biotech case: Far-reaching NCLAT order sets new bankrupcty precedent
The company's promoters, Chetan Sandesara and Nitin Sandesara, are absconding and believed to be in Africa.
Sterling Biotech case: ED records statement of Ahmed Patel's son Faisal
They said Faisal Patel has been asked to depose on Thursday too for a similar session.
Sterling Biotech case: Ahmed Patel’s son Faisal joins ED probe
Ahmed Patel’s son Faisal Patel has joined the ED probe in Sterling Biotech bank fraud case. Faisal Patel is being questioned by ED. His stat...
Sterling Resorts expands presence in Kerala
Currently Sterling, a 100 % independently managed subsidiary of Thomas Cook (India) Ltd. (TCIL) has 36 resorts in India.
Sterling on backfoot as political turmoil dogs Brexit process
The euro was flat at 90.91 pence, holding onto a 0.7 per cent gain on Monday.
Rupee reverses gains to close flat at 71.71
Rising crude oil prices and foreign fund outflows weighed on the domestic currency.
Rupee logs 3rd straight gains, rises 12 paise to 71.72 a dollar
On a weekly basis, the domestic currency, however, lost 30 paise to the US dollar.
Rupee extends gains by 28 paise to 71.84 against dollar
The currency has appreciated by 55 paise in the past two sessions.
NCLAT stays eviction of Sterling Biotech from its premise
Besides, the appellate tribunal also said that "the Liquidator cannot sell the assets of the premises in question."
Rupee rebounds 27 paise to 72.12 against dollar
Forex traders said the Indian currency gained following weakness in the dollar.
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